Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Thursday, April 7, 2011

Molycorp Inc. (MCP) Stock Analysis 4/7/11

By Tim - http://stockstobuy.org

The following is technical analysis on Molycorp, Inc. (MCP) stock for April 7, 2011

Molycorp, Inc. (MCP) Support & Resistance Levels - 4/7/11

Resistance Levels: $70, $75

Support Levels: $67.75

http://stockcharts.com - Chart

Molycorp, Inc. (MCP) traded up to $69.80 in afterhours tonight and is showing great strength. Molycorp, Inc. (MCP) will have resistance at $70 followed by $75. MCP is starting to become very overbought and is up roughly 75% off the recent $41.25 low. I added to my MCP short afterhours tonight which bring my average up to $68. This is a small Molycorp short and I won't get aggressive unless we would see another huge up day. MCP stock is a buy on a retest of the 50 day moving average ( currently located at $51 and rising).

For more Technical Analysis - Go Here

Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here